Stocks Plunge on Feeble Jobs Data

Stocks slumped Friday on data revealing the first monthly employment decline in four years -- heightening investors' fears that the credit crunch has developed into a broader economic downturn.

The Dow Jones Industrial Average fell 249.97, or 1.9%, to close at 13133.38. The blue-chip average fell 1.8% for the week, its worst weekly performance since the week ending July 27. The Standard & Poor's 500 lost 25, or 1.7%, to 1453.55,...